As Hedrick Smith stated, "In this restless new world, what is needed above all is a new mind set, if America is going to sustain a high standard of living into the 21st century and to prevail as a global economic power in the long-run."[25]This mind set-to make America work better for more Americans-must change or our retirement portfolios are in jeopardy.

[1]PBS Online. "Candidates Strive to Address Voter Concerns on Economy,"Online News Hour,http://www.pbs.org/newshour/bb/business/jan-june08/economy_01-10.html

[2]Will and Ariel Durant.The Lessons of History, (New York: Simon and Schuster, 1968).

[3]Ibid, 54.

[4]Edmund L. Andrews. "Greenspan Says Federal Budget Deficits Are 'Unsustainable',"New York Times, March 3, 2005.http://www.nytimes.com/2005/03/03/politics/03deficit.html.

[5]Kyle Almond. "One Man's Campaign Against Federal Debt,"CNN.com, March 30, 2007,http://www.cnn.com/2007/US/03/28/federal.debt/.As Hedrick Smith stated, "In this restless new world, what is needed above all is a new mind set, if America is going to sustain a high standard of living into the 21st century and to prevail as a global economic power in the long-run."[25]This mind set-to make America work better for more Americans-must change or our retirement portfolios are in jeopardy.

[1]PBS Online. "Candidates Strive to Address Voter Concerns on Economy,"Online News Hour,http://www.pbs.org/newshour/bb/business/jan-june08/economy_01-10.html

[2]Will and Ariel Durant.The Lessons of History, (New York: Simon and Schuster, 1968).

[3]Ibid, 54.

[4]Edmund L. Andrews. "Greenspan Says Federal Budget Deficits Are 'Unsustainable',"New York Times, March 3, 2005.http://www.nytimes.com/2005/03/03/politics/03deficit.html.

[5]Kyle Almond. "One Man's Campaign Against Federal Debt,"CNN.com, March 30, 2007,http://www.cnn.com/2007/US/03/28/federal.debt/.

Question seven.

1.How do we calculate the value of a single sum of money? a) VP = VV * 1 / (1 + r)n ; b) VP = VV * FAr,n; c) VP = VV * (1 + r)n ; d) VP = VV * FCr,n.

2. A company's own internal sources (or self-financing) represent financial capacities set up by the company involved taking into account: select that apply

a) profit

b) long term loans

c) provisions

d) capital add-ons e) depreciation f) short term loans

3. What elements make up the total capital of the company? Give correct ones

a) equity and permanent capital

b) permanent capital and short-term debts

c) permanent capital and the medium- and long-term debts

d) equity, short term and medium- and long-term debts

4. The increase of share capital can have as sources ( select those with correct answers)

a) new contributions in cash or in kind of shareholders b) increase in company sales

c) incorporation of reserves

d) increase of profit obtained by the company

e) conversion of debts in share capital contribution

5. Bond financing loan is:

a) a credit granted by a mass of debtors to a single creditor (select the correct set)

b) a credit granted by a debtor to more creditors

c) a credit granted by a creditor to more debtors

d) a credit granted by more creditors to a single debtor

6. What does the economic duration time of an investment represents?

7. Economic rate of return is given by: a) the ratio between total assets and debts b) the ratio between profit and total assets c)the ratio between equity and profit d)the ratio between profit and permanent capital

8. Financial rate of return represents: a) return on equity b) ratio between profit and total assets c) ratio between profit and permanent capital d) the ratio between equity and profit

9. Which of the following is the formula of Value Added (as an intermediate balance of administration): a) Commercial margin + year production - consumption from the third parties b) Gross Surplus of Exploitation + operating subsidies - taxes, duties and assimilated payments - expenses with the staff c) Gross Surplus of Exploitation + other operating income - other operating expenses - (depreciation + provisions) d) Goods sales - the cost of the goods sold

10. Which of the following is the formula of calculating the Gross Surplus of Exploitation (as an intermediate balance of administration): a) Commercial margin + year production - consumption from the third parties b) Value Added+ operating subsidies - taxes, duties and assimilated payments - expenses with the staff c) Value Added + other operating income - other operating expenses - (depreciation + provisions d). Goods sales - the cost of the goods sold